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Raymond James Downgrades Webster Financial to Market Perform From Outperform
Raymond James has downgraded Webster Financial (WBS) to Market Perform from Outperform. This news follows a series of recent downgrades from other financial institutions, including Barclays, UBS, TD Cowen, and RBC, all occurring in early February 2026. The downgrades coincide with market reactions to Santander’s reported $12.2 billion acquisition of Webster Financial.